NOT LISTED FOR SALE

22 ac on Hwy 45 Eagle River, WI 54519

Estimated Value: $366,000 - $1,354,000

22.47 Acres
$34,602 Price per Acre
978,793 Sq Ft Lot

Last Sold May 27, 2021

Last sale price $103,500

Est. 651% increase in value since last sale

Current estimated payment $4,274/month

783 Days on Market

Highlights

  • 978,793 Sq Ft lot
  • Property is near a preserve or public land
  • Level Lot

About This Lot

As of May 2021

This high & dry 22.41 acre parcel is in a prime location between Eagle River & Land O Lakes. Electric & natural gas lines are along Hwy 45. The culvert from road to lot is already installed & Sellers have legal access from the DOT. Residential, recreation & commercial potential. The snowmobile trail runs along the east side of the property but is not on the property. The lot is in a high traffic area & is zoned all purpose. Public lands are adjacent to three sides of the property and cover vast areas to the south, west, and north of this property (almost to Muskrat Creek to the south, over to County S to the west, and up to E Big Portage Lake Rd in Land O Lakes to the north). Partially logged during the winter of 2016-2017. PLEASE NOTE - NO TRESPASSING: This land is hunted so you must have a Realtor arrange for you to walk the property.

Last Agent to Sell the Property

Marcia Pluess

FIRST WEBER - EAGLE RIVER License #55163 - 90 Listed on: 04/01/2019

Last Buyer's Agent

Marcia Pluess

FIRST WEBER - EAGLE RIVER License #55163 - 90 Listed on: 04/01/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $674

Lot Details

  • 22.47 Acre Lot
  • Level Lot
  • Zoning described as All Purpose

Schools

  • Northland Pines-Er Elementary School
  • Northland Pines Middle School
  • Northland Pines High School

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 8-668

Property Details

Property Type

Land

Est. Annual Taxes

$674

Lot Details

22.47 Acres

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Highway
  • Ownership: Fee Simple
  • Directions: From Eagle River, head North on Hwy 45 through Conover to about a half mile north of the last house on the right. The property is on west side of Hwy 45. Property is bordered on 3 sides by public lands.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Adjacent To Public Land, Level
  • Waterfront: No

Schools

  • Elementary School: VI Northland Pines-ER
  • High School: VI Northland Pines
  • Middle Or Junior School: VI Northland Pines

Lot Info

  • Lot Size Sq Ft: 978793.0
  • Parcel #: 8-668
  • Zoning Description: All Purpose

Tax Info

  • Tax Annual Amount: 674.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
May 25, 2021
Sold by
Hernke Robert H and Hernke Thomas C
Bought by
Gursoy John V and Gursoy Holly M
Seller's Agent
Marcia Pluess
FIRST WEBER - EAGLE RIVER
Buyer's Agent
Marcia Pluess
FIRST WEBER - EAGLE RIVER
List Price
$115,000
Sold Price
$103,500
Premium/Discount to List
-$11,500
-10%
Current Estimated Value
$777,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$674,017
Avg. Annual Appreciation
51.69%
Original Mortgage
$278,940
Outstanding Balance
$250,206
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$527,311

Purchase Details

Closed on
Jun 3, 2011
Sold by
Henrke Riobert H and Henrke Thomas C
Bought by
Henke Robert H and Henke Thomas C

Purchase Details

Closed on
Dec 12, 2008
Sold by
Hernke Howard C
Bought by
Hernke Robert H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gursoy John V $103,500 Northwoods Ttl & Closing Svc
Henke Robert H -- None Available
Hernke Robert H $198,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gursoy John V $278,940
Closed Hernke Robert H $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $103,500 -10.0% --
05/27/2021 05/27/21 Pending -- -- --
04/04/2019 04/04/19 For Sale $115,000 -- --
Source: Greater Northwoods MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,424 $826,200 $308,600 $517,600
2024 $2,845 $826,200 $308,600 $517,600
2023 $2,998 $826,200 $308,600 $517,600
2022 $810 $97,700 $72,500 $25,200
2021 $652 $63,800 $63,800 $0
2020 $646 $63,800 $63,800 $0
2019 $643 $63,800 $63,800 $0
2018 $604 $63,800 $63,800 $0
2017 $608 $63,800 $63,800 $0
2016 $616 $63,800 $63,800 $0
2015 $609 $63,800 $63,800 $0
2014 $583 $63,800 $63,800 $0
2013 $660 $63,800 $63,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 176981

Greater Northwoods MLS

APN: 8-668

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